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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (17810)	7/15/1999 10:54:00 AM
From: Dave Swanson	Respond to of 25711

edig news..... --------------------------------------------------------------------------------------------------------------------------------------------Thursday July 15, 10:05 am Eastern Time Company Press Release e.Digital Corp. Adding Intel Veteran to Board of Directors SAN DIEGO--(BUSINESS WIRE)--July 15, 1999--e.Digital Corp. (OTCBB:EDIG - news) announced today that Skip Matthews, Ph.D., will join its Board of Directors effective August 1. Dr. Matthews joins e.Digital's Board upon retirement from a distinguished 25-year career with Intel Corp. with his last position being senior project development manager. Initially in charge of development of equipment for manufacturing at Intel, Matthews has worked the last eight years marketing Intel's flash memory products. He has focused on innovative audio and photographic applications for flash memory during the last four years. Matthews stated, ''I was attracted to e.Digital because they were the first to adopt flash memory in an audio recorder. There is great potential for further application of e.Digital's technology in Internet music players and even more advanced audio applications such as speech-to-text and text-to-speech systems.'' He continued, ''In the twenty years since the advent of the PC, people have typed, read, and clicked. In the next twenty years we are going to talk and listen to handheld devices that interact with our PC's. The biggest areas for growth are in the technology that helps make that possible.'' Matthews is a graduate of Duke University, and received his Ph.D. in organic chemistry from Southern Illinois University with Dr. Cal Meyers. He was a National Science Foundation Post-Doctoral Fellow and chose to work under Fred Bordwell at Northwestern University. Matthews joined Intel in 1974 after completing his post doctorate program. ''We are very pleased to have Skip Matthews serve on our Board,'' said Fred Falk, president and chief executive officer of e.Digital. ''He shares our vision of a world connected by interactive portable products. Skip's high-level industry contacts and experience in cultivating strategic relationships with major technology companies will greatly benefit e.Digital. He brings a wealth of knowledge that will prove invaluable in extending e.Digital's leadership in providing engineering services and embedding our patented MicroOS(TM) file management system into PC and Internet-compatible handheld devices.'' e.Digital Corp. offers an engineering partnership for the world's leading electronics companies to link portable digital devices to PCs and the Internet. Engineering services range from the licensing of e.Digital's multi-patented MicroOS(TM) file management system to custom software and hardware development, design and manufacturing services. For more information on the company, visit www.edig.com. Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements relating to future performance, technology and product development that may impact on future results and the future viability of the company. Actual results could be affected or differ materially from those projected in the forward-looking statements as a result of risk factors such as: future products and results; technological shifts; potential technical difficulties that could delay new products; competition; general economic conditions in the markets in which the company operates; the ability of the company, its customers, and suppliers to become Year 2000 compliant; pricing pressures; and the uncertainty of market acceptance of new products by OEM's and end-user customers. -------------------------------------------------------------------------------- Contact: e.Digital Corp. Robert Putnam and Wendy Ravenel, 619/679-1504 robert@edig.com wendy@edig.com -------------------------------------------------------------------------------- More Quotes and News: E Digital Corp (OTC BB:EDIG - news) Related News Categories: computers, internet -------------------------------------------------------------------------------- Help -------------------------------------------------------------------------------- Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Questions or Comments?